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CAC 40 Edges Higher As Investors Shrug Off Hawkish Fed Minutes
(RTTNews) - French stocks were slightly higher on Wednesday despite the latest FOMC minutes offering no indication of possible rate cuts.
Hamas and Israel have agreed to a Qatar-mediated pause in fighting, helping ease Middle East tensions.
The deal includes the release of 150 Palestinian prisoners held in Israeli jails in exchange for 50 people held captive by Hamas in Gaza since the armed group that rules the enclave stormed southern Israel on October 7.
The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,260 after declining 0.2 percent in the previous session.
Retail company Casino Group fell 1.3 percent after warning of likely 2023 losses for its core French business.
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Bay Street Likely To Open On Weak Note
Canadian shares are set to open on a negative note on Friday as U.S. President Donald Trump's announcement of fresh tariffs on Canada and several other countries has hurt investor sentiment across global markets.
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1h 9min ago
U.S. Employment Rises Much Less Than Expected In July
Job growth in the U.S. fell well short of economist estimates in the month of July, according to a closely watched report released by the Labor Department on Friday.
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1h 11min ago
FTSE 100 Down 0.55% As Trump's Tariff Moves Hurt Sentiment
U.K. stocks are down in negative territory on Friday, weighed down by trade concerns after U.S. President Donald Trump announced sweeping tariffs on several countries. The President's letters to 17 major pharma firms, urging them to cut prices, has triggered a sell-off in the pharmaceutical sector.
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2h 18min ago
Eurozone Manufacturing Activity Moves Closer To Stagnation
The euro area manufacturing activity registered a broad stabilization in July as output continued to increase despite a fresh fall in new orders, purchasing managers' survey compiled by S&P Global showed on Friday. The HCOB final manufacturing Purchasing Managers' Index rose to a three-year high of 49.8 in July from 49.5 in June. The score matched the flash estimate.
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3h 11min ago
CAC 40 Down Nearly 2% As Stocks Fall On Tariff Woes
French stocks are reeling under a severe selling pressure on Friday with U.S. President Donald Trump's announcement of sweeping new tariffs hurting investor sentiment.
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3h 23min ago
Sensex Falls 585 Points On Tariff Concerns; Nifty Ends Below 24,600
Indian shares fell notably on Friday to extend losses from the previous session, with tariff worries and continued foreign portfolio outflows keeping investors on edge.
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3h 24min ago
DAX Down 1.7% As Stocks Tumble On Rising Tariff Concerns
German stocks are down sharply on Friday due to heavy selling across the board amid rising trade tensions following U.S. President Donald Trump announcing sharply higher tariffs on dozens of countries, including Canada and Switzerland. Trump also confirmed a 15% tariff on EU imports.
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3h 46min ago
European Shares Slide On Tariff Worries; Pharma Stocks Slump
European stocks fell sharply to hit three-week lows on Friday as investors assessed the potential economic impact of fresh U.S. levies on dozens of countries, including a 39 percent rate on Switzerland.
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4h 25min ago
